On the surface it seems that buying the biggest, most updated home in a neighborhood is the way to go. when shopping for that new home, right?
But is buying the top property in the neighborhood a buyer's top decision? When it comes to buying a home there are a few things buyers should avoid buying including...
- the largest house in the neighborhood.
- the most expensive house in the neighborhood.
- an over-improved, highly personalized home.
As for the most improved home in the neighborhood the gamble is the other homes will gain improvements and value.
As a homeowner you will want to personalize and make some changes. While these improvements as well as maintenance necessities will add value the most important consideration is they are your choice. Why pay now for changes that are not necessarily your "style?"
Recent sales (over the past six months) were reported at $263,000. $262,400 and $234,200.
The home listed at $198,000 is located at 3613 Osceola Drive (property under contract is next door listed at $32K more).
This home's location within the community is a big positive because it is close to the club house and community pool (across street about 200 ft away!)
If you are looking for a home in a Melbourne, Florida 55+ community consider the reasons noted above and the recent sales... then call me at 321-693-3850.